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A principal allocates a single good to one of several agents whose values are privately and independently distributed, employing an optimal mechanism. The principal shapes the distribution of the agents' values within general classes of constraints. Divisive product designs, which are either...
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Sisällysluettelo: The paper presents a method of measuring bank differentiation in terms of branch and ATM networks and ….Structural system models of demand and pricing equations are also estimated to separate network differentiation effects from collusion … in loan and deposit rates.Pricing power due to network differentiation is found to exist mostly in household lending …
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